Waser Eric H. 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 15, 2022
Insider Transaction Report
Form 4
Waser Eric H.
EVP, Head of Comm Banking
Transactions
- Tax Payment
Common Stock
2022-03-11$37.22/sh−192$7,146→ 18,124 total
Holdings
- 15,550(indirect: By Trust)
Common Stock
- 7,458
Restricted Stock Units
→ Common Stock (7,458 underlying) - 4,702.989(indirect: Employee Stock Purchase Plan)
Common Stock
- 16,907
Restricted Stock Units
→ Common Stock (16,907 underlying) - 494
Restricted Stock Units
→ Common Stock (494 underlying) - 9,828.136(indirect: 401 (k))
Common Stock
Footnotes (9)
- [F1]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- [F2]Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
- [F3]Includes 401(k) contributions used to purchase PGC stock.
- [F4]Includes shares received through dividend reinvestment since the last filing.
- [F5]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- [F6]The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.
- [F7]The restricted stock units vest and settle in stock in five approximately equal installments on each of the first five anniversaries of the grant date.
- [F8]Each restricted stock unit represents the right to receive one share of common stock of Peapack-Gladstone Financial Corporation subject to certain performance conditions. The units will cliff vest, after three years, if the conditions are met.
- [F9]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.